1225 Anacortes Ave NE Renton, WA 98059

Building Details

Year Built

1987

Listing agency ROBERTSON & ASSOCIATES COMM'L R.E., LLC n***@rare-llc.com Show Phone

Listed by NORMAN BECK

Source Corcoran

Added: Aug 1, 2025 Updated: Jul 6 at 7:41AM Checked: Jul 21 at 5:43AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ROBERTSON & ASSOCIATES COMM'L R.E., LLC

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Investment Insights

Based on property information with market context.

The property is a 7,314 square foot KinderCare facility located in Renton Highlands. It is currently 100% leased to KinderCare, a childcare center. The lease is an absolute triple net (NNN) lease with over five years of the term remaining, plus four five-year options. The lease features CPI rental increases and a corporate guarantee, providing a secured long-term investment. An approximately 8% rent increase is scheduled for May 2028, which will increase the capitalization rate to 6.49%.

Key Highlights

• 100% Leased to KinderCare, a top‑tier childcare center.
• Absolute Triple Net (NNN) Lease for hassle‑free ownership.
• Backed by a Corporate Guarantee.

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FAQs

What type of property is this?

Storefront property - NNN leased KinderCare with long-term secured investment.

Where is this storefront property located?

The property is located at 1225 Anacortes Ave NE Renton, WA.

What is the asking price?

The asking price for this property is $2,890,000.

What are key features of this property?

This property features: 100% Leased to KinderCare, a top‑tier childcare center.; Absolute Triple Net (NNN) Lease for hassle‑free ownership.; Backed by a Corporate Guarantee.